Resources

Charitable GRAT For many years Grantor Retained Annuity Trusts (GRATs) have been all the rage in gift planning for wealthy individuals and families because of recent low interest rates. There may be an even better gift planning solution in the charitable GRAT. With the charitable GRAT, also known as the Charitable Lead Annuity Trust or CLAT, individuals can combine charitable...

This month we celebrate the five-year anniversary of GFS Private Wealth! When we started this firm in 2012, we knew that we were creating something special, and the last five years have undoubtedly been the most fulfilling of our professional lives. You’ve given us a unique position of confidence and trust, and we are grateful. A few milestones to mark...

The Premature Death of Life Insurance The role of life insurance is often misunderstood. Perhaps if it were called “Premature Death Insurance” more people would understand and feel comfortable with it. Since death is inevitable it’s important to ask, will there be money available to fund one’s obligations when it happens? Immediate cash is often needed for burial costs, paying...

Planning for Incapacity Baby Boomers are turning 65 at the rate of 10,000 people per day and Alzheimer’s disease affects one in nine people older than 65. Stroke is one of the top five causes of death in the United States and forty-nine percent of Americans have at least one risk factor for stroke. About one third of those hospitalized...

How to Mess Up Your Plan In financial planning it can be beneficial to learn from the mistakes of others to avoid falling into the same traps. History is often a great teacher. This article will focus on four mistakes commonly made as exampled by several noteworthy personalities. No Plan Countless celebrities and famous historical figures have died without an...

Selling Assets without Incurring Capital Gains Tax A common occurrence in the investment world, whether an investment in securities, real estate, artwork, business, or baseball cards, occurs when an asset has appreciated greatly in value and the sale of the asset cannot be considered because of capital gains tax. For nearly 50 years, the option of creating a Charitable Remainder...

Clearwater, Florida, May 15, 2017 –GFS Private Wealth, who specializes in providing comprehensive investment and life-planning solutions to affluent individuals and their families, was proud to partner with the Clearwater Free Clinic as a Tournament Cup Sponsor for their 16th Annual Golf Tournament entitled, “Clearwater Free Clinic’s John Meek Jr. Memorial Golf Tournament”. The proceeds from this event will directly...